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eBay Inc

Ebay sues Amazon over ‘orchestrated campaign to poach sellers’

Online marketplace eBay has filed a US lawsuit against Amazon, claiming the retail giant used its internal messaging system to poach sellers.
The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS-Lucy Nicholson

Netflix record subscriber growth sends shares soaring

Netflix hooked 7 million new streaming subscribers from July to September, a third more than Wall Street had expected, reassuring investors who had worried the company was facing a slowdown in its fast-paced growth.
Amazon

Amazon fires employee who shared customer e-mail addresses third-party seller

In September, Amazon confirmed that some of its marketplace sellers had bribed Amazon employees to delete negative reviews or to obtain proprietary information like sales data or customer e-mail addresses, following a report in The Wall Street Journal.
Jim Ovia,

Jim Ovia: Contributing to the changing African narrative

Africa has been portrayed as a continent of woes. Thirty years ago that would have been inarguably so but in the years that have followed, as businesses thrive and investment opportunities abound, Africa has greatly improved from what it used to be.
US President Donald Trump speaks during an event to announces a grant for drug-free communities support program, in the Roosevelt Room of the White House in Washington, DC, on August 29, 2018. - AFP PHOTO - MANDEL NGAN

Forbes: Donald Trump’s net worth $3.1 billion, but presidency hurting

US President Donald Trump’s net worth has flatlined at $3.1 billion, but he has slid down a Forbes ranking of billionaires as the magazine believes his White House stint is harming the Trump brand.
Amazon Prime Video

Amazon bets big on Europe as it takes on Netflix

Amazon is firing a new salvo in its global battle with Netflix for the booming online streaming market — and it features Julia Roberts and descendants of Russia’s tsars.

Amazon raises minimum wage to $15 for all 350,000 US workers following criticism

Starting November 1st, Amazon will pay all its US employees a minimum wage of $15 an hour in a move that e-commerce giant expects to impact more than 250,000 full- and part-time employees and 100,000 seasonal workers
Jair Bolsonaro

Brazil’s women protest against ‘divisive presidential candidate’

Thousands of Brazilian women are expected to take to the streets on Saturday, protesting what they see as the misogynist ways of one of Brazil’s most divisive presidential candidates in years: right-wing Congressman Jair Bolsonaro.
US President Donald Trump speaks during an event to announces a grant for drug-free communities support program, in the Roosevelt Room of the White House in Washington, DC, on August 29, 2018. - AFP PHOTO - MANDEL NGAN

Smart watches, speakers escape Donald Trump’s tariffs

Many high-profile consumer technology items such as “smart” watches and speakers were spared by the U.S. tariffs that hit some $200 billion worth of Chinese products.

Amazon share of digital advertising market on the rise

Online retail colossus Amazon is gaining ground in the US digital advertising market as the dominance of Google and Facebook erodes, according to an eMarketer forecast released on Wednesday.

Amazon launches local ecommerce site for Turkey

Amazon has launched its ecommerce business in Turkey, the company’s seventh market in Europe and sixteenth globally.
Lead actor in a limited series or movie nominee John Legend dances onstage during the 70th Emmy Awards with the One of Each dancers -- a dig at the lack of diversity in Hollywood. ROBYN BECK-AFP-Getty Images

Emmy Awards 2018: ‘Game of Thrones’ wins best drama series

HBO’s record-breaking fantasy epic “Game of Thrones” stormed back onto the Emmys stage on Monday, winning the coveted best drama series prize on a night full of surprises, including an on-air marriage proposal that stunned the audience.
Marc and Lynne Benioff

Salesforce boss Marc Benioff, wife buy Time magazine

Salesforce.com chief Marc Benioff and his wife Lynne will buy storied US news magazine Time for $190 million, a company statement said Sunday.
emmy statuette

‘Game of Thrones’ back at Emmys for duel with ‘Handmaid’s Tale’

Hollywood’s A-listers gather on Monday to honour the best in television at the Emmy Awards, with record-breaking fantasy epic “Game of Thrones” back in the competition and once again looking to slay its rivals.

Jeff Bezos: Donald Trump should be ‘glad’ of media scrutiny

Amazon.com Chief Executive Jeff Bezos said on Thursday the company would announce a decision on where it will build a second headquarters before the end of the year, and also said that President Donald Trump is wrong to “attack the media.”
Amazon's Jeff Bezos

Amazon’s Jeff Bezos unveils $2 billion philanthropic fund

Amazon founder Jeff Bezos announced he was launching a philanthropic fund with a $2 billion initial commitment to help homeless families and launch preschools in low-income communities.

Jim Ovia talks Africa Rise and Shine on CNBA Africa

The Founder/Chairman of Zenith Bank Plc, Mr. Jim Ovia, in a recent sit-down discussion with CNBC Africa, speaks of his new book, Africa Rise and Shine and his lessons for business success.
Brazil prison

Gunmen storm Brazil prison, policeman killed as 92 inmates escape

Armed men early Monday blew down the front gate of a maximum security prison in northeastern Brazil and with guns allowing 92 inmates to escape while killing a policeman.

Recent Stories

Martin Onovo: Lagos masterplan has failed woefully

Chef Martin Onovo, the 2015 presidential candidate of the National Conscience Party (NCP), has said that the Lagos Masterplan is stale and has failed woefully.
Lagos State House of Assembly

Refuse: Lagos Assembly asks PSP operators to resume

The Lagos State House of Assembly on Thursday charged local government executives in the state to call on the Private Sector Partnership (PSP) operators in their areas to resume picking up refuse.
Peoples Democratic Party (PDP) Presidential Candidate, Atiku Abubakar

2019: Igbo group backs Atiku Abubakar over Peter Obi’s choice as running mate

The Igbo People’s Organisation, a pressure group of Igbo extraction, has thrown its weight behind the nomination of the former Governor of Anambra State, Mr. Peter Obi as the running mate to Presidential Candidate of the People’s Democratic Party (PDP), Alhaji Atiku Abubakar.

ICPC arraigns ex-border agency chief for alleged age falsification

A former Acting Executive Secretary of the Border Communities Development Agency (BCDA), Victoria Odumosu, has been arraigned by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) for alleged age falsification.
Father Antonio Scudu, caretaker of Saint Stephen Church in the Beit Jamal Salesian monastery, looks at overturned crosses in a graveyard that has reportedly been vandalised near the central Israeli town of Beit Shemesh, west of Jerusalem on October 18 2018. (Photo by MENAHEM KAHANA / AFP)

Christian graves desecrated in central Israel

Vandals have torn down concrete crosses marking dozens of graves at a Christian cemetery in central Israel, a church official said on Thursday.